Gold again expensive

in #gold7 years ago

Gold Again Expensive

Gold prices have seen an increase due to global cues and increased buying by jewelery in the domestic market. Due to this, gold rose to Rs. 31900 per 10 gram with a rise of Rs. 100 in Delhi's bullion market. It may be known that due to the pressure of silver sales, the price of 190 rupees fell to Rs 41,000 per kg.

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Gold in Singapore, which has gained 0.28% to reach $ 1281.50 an ounce, has been on the global front. Merchants believe that gold import has become expensive due to increased purchases from local jewelers in the domestic market and weakness in the rupee against the dollar. Due to these reasons gold prices have been seen rising.

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Besides, silver ready has been reduced to Rs. 41,000 per kg with a weakness of Rs. 190 and weekly based delivery has been reduced to Rs. 40,005 per kg with a weakness of 130 rupees. While selling coins of silver coins at a price of Rs. 76000 and remaining at 77000 rupees, they are still at the level of every hundred. In Delhi, 99.9 per cent and 99.5 per cent purity gold rose by Rs. 100 to Rs. 31900 and Rs. 31,750 per 10 grams.

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Yes. the prices have been increasing day by day and it's a good long-term investment also